How to Join Bybit's Sign-Up Event "Token Splash" and Claim Rewards
4 min read · · Korean original
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The Bybit exchange runs a variety of airdrop events for both new and existing users. Among them, the "Token Splash" sign-up event is well worth a shot.
If you pick a Token Splash with good rewards, you can receive up to KRW 1.5 million worth of tokens as a free airdrop.
In this post, we'll walk you through how to join Token Splash and how to find events with bigger rewards.
What is Token Splash?
Token Splash is a kind of sign-up event in which the Bybit exchange airdrops newly listed coins to its users. Each event offers different rewards and participation requirements.
For example, in a previous GoPlus (GPS) event, 6,000 GPS tokens were given out as rewards. At the time of its first listing, GPS was trading at around $0.05, but the token's price later rose, bringing the value of the reward up to as much as KRW 1.5 million.
How do you join Token Splash?
1. Sign up for Bybit and verify your identity
First, if you don't have a Bybit account yet, you'll need to create one on the official website. If you sign up for Bybit through the link below, you'll get a 20% discount on trading fees.
After creating your account, you'll need to complete identity verification (KYC). If you'd like to know more about the identity verification process, please follow that link for a detailed tutorial.
2. Register for Token Splash
Done with identity verification? Now you can head to Bybit's Token Splash page and check the list of events currently running.
Each event has its own participation requirements and rewards. Check the details first, then click the "Join Now" button on the event you want to join to register.
You can join every Token Splash event, but as a new user you can only receive the reward from one Token Splash event. So it's a good idea to check the new-user rewards and tasks for each Token Splash first and register strategically.
3. Complete the tasks
After registering for the project event, scroll down and register once more for the "New User Exclusive Tasks." Then follow the instructions to complete both the deposit and spot trading tasks.
- Deposit task: Deposit 100 USDT, or the equivalent amount in tokens, into your Bybit account.
- Trading task: Use the deposited USDT to trade the event's token above a certain amount.
For example, in the GoPlus (GPS) Token Splash event shown below, you deposit 100 USDT and then complete the task of trading at least 100 USDT worth of GPS tokens on the spot market.
Tips for joining Token Splash
There are many different events running on the Token Splash page, so you may find it hard to decide which one to join.
To find events with bigger rewards, you can check the token's current price and the number of tokens being given out.
For this, you can refer to price-tracking sites such as CoinMarketCap, or to pre-market prices.
Things to keep in mind
1. First-come, first-served rewards
Most Token Splash events distribute rewards on a first-come, first-served basis. So once an event starts, it's important to join quickly and complete the tasks.
2. No multiple accounts
Creating multiple accounts to participate in events is prohibited, and if you're caught doing so, you may not receive any rewards.
3. When rewards are paid
Rewards are generally paid to your Bybit Funding account within 7 days after the event ends.
Wrapping up
Bybit's Token Splash is a program that offers attractive airdrop rewards to both new and existing users.
New users in particular can earn considerable rewards by choosing and joining events with big payouts, so picking a good Token Splash event to join could be a smart move.
